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ULTA
Ulta Beauty, Inc.
$533.34
-9.85
(-1.81%)
| Exchange: | NASDAQ |
| Market Cap: | 22.928B |
| Shares Outstanding: | 1.936M |
Delayed data
About The Company
| Sector: | Consumer Cyclical | |||||
| Industry: | Specialty Retail | |||||
| CEO: | Kecia L. Steelman | |||||
| Full Time Employees: | 65000 | |||||
| Address: |
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| Website: | https://www.ulta.com |
Ulta Beauty, Inc. functions as a prominent beauty product retailer throughout the United States. Its physical locations feature a broad assortment of goods, including cosmetics, perfumes, skincare, haircare items, bath and body essentials, and professional salon styling instruments. Additionally, they provide a comprehensive suite of salon services, encompassing hair, skin, makeup, brow, and nail treatments. The company further offers its proprietary label products, such as the Ulta Beauty Collection for cosmetics, skincare, and bath items, alongside other Ulta Beauty branded merchandise and gift options. As of March 10, 2022, Ulta Beauty operated 1,308 retail stores across all 50 U.S. states. Its products are also available for purchase via its website, ulta.com, and through its mobile applications. Incorporated in 1990, the enterprise was initially known as Ulta Salon, Cosmetics & Fragrance, Inc., before officially changing its name to Ulta Beauty, Inc. in January 2017. Its corporate base is located in Bolingbrook, Illinois.
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Revenue Segmentation
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 11,207,303 | 11,295,654 | 12,392,820 |
| Gross Profit | 4,381,100 | 4,387,253 | 4,845,224 |
| EBITDA | 1,939,491 | 1,847,108 | 1,833,764 |
| Operating Income | 1,686,539 | 1,578,661 | 1,548,813 |
| Net Income | 1,291,005 | 1,201,118 | 1,153,479 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 5,707,011 | 6,001,693 | 6,999,294 |
| Total Liabilities | 3,427,683 | 3,513,340 | 4,195,843 |
| Total Stockholders Equity | 2,279,328 | 2,488,353 | 2,803,451 |
| Total Debt | 1,911,092 | 1,923,234 | 2,182,061 |
| Cash and Cash Equivalents | 766,594 | 703,201 | 424,243 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 1,476,266 | 1,338,605 | 1,502,780 |
| Capital Expenditure | -435,267 | -374,458 | -434,829 |
| Free Cash Flow | 1,040,999 | 964,147 | 1,067,951 |
| Net Income | 1,291,005 | 1,201,118 | 1,153,479 |
| Net Change in Cash | 28,717 | -63,393 | -278,958 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2031 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 16,260,471.203 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 16,614,293.669 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 16,427,400 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | 2,766,315.229 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (High) | 2,826,509.332 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Avg) | 2,794,714.017 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Low) | 1,937,914.482 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 1,992,902.484 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 1,963,857.193 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 4,016,649.919 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 4,104,050.890 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 4,057,884.550 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 43.650 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 44.300 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 43.070 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 9 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 4 | Research Access | Research Access | Research Access | Research Access |
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Current Key Metrics
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Login — it's freeSWOT Analysis
Strengths (preview)
- Solid Financial Performance: Ulta Beauty demonstrates robust historical financials with consistent revenue and gross profit growth over recent years, as evidenced by income statement data. Strong net income and positive free cash flow (per cash flow statements) indicate operational efficiency and the ability to fund growth initiatives without excessive reliance on external financing.
- Strong Market Position: As a leading player in the beauty industry (per company profile and sector data), Ulta benefits from a well-established brand and a large customer base. The company’s extensive store network and e-commerce presence, supported by a high market cap, provide a competitive edge in the specialty retail sector.
- Healthy Balance Sheet: Balance sheet data shows significant cash and cash equivalents alongside manageable total liabilities. A reasonable debt-to-equity ratio (per key metrics) reflects financial stability, enabling Ulta to weather economic downturns and invest in strategic initiatives.
- Operational Scale: With a substantial number of full-time employees and a wide geographic footprint (per company profile and revenue geo segments), Ulta maintains operational scalability, allowing for efficient supply chain management and market penetration.
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At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MARKETSnap estimates ULTA intrinsic value between $299.27 – $405.81 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
[intrinsic_calculator]
Common questions about ULTA valuation
Is Ulta Beauty, Inc. (ULTA) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Ulta Beauty, Inc. (ULTA) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is ULTA a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether ULTA trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is ULTA’s P/E ratio?
You can see ULTA’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for ULTA?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is ULTA a good long-term investment?
Whether ULTA fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
ULTA
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Daily snapshot
-1.81
Trading Metrics:
| Open: | 536.07 | Previous Close: | 543.19 | |
| Day Low: | 527.2 | Day High: | 539.45 | |
| Year Low: | 443.6 | Year High: | 714.97 | |
| Price Avg 50: | 494.59 | Price Avg 200: | 555.56 | |
| Volume: | 73584 | Average Volume: | 713202 |
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Login — it's freeULTA full analysis
Welcome to MARKETSNAP’s SWOT analysis for Ulta Beauty! If you’re a long-term investor looking to build wealth through smart retail picks, you’re in the right place. Today, we’re diving deep into Ulta Beauty, a powerhouse in the beauty retail space, to break down its strengths, weaknesses, opportunities, and threats. Let’s unpack what’s driving this company, where it’s stumbling, and what could shape its future—all with an eye on long-term value. Stick around, because we’ve got some juicy insights from their…
